How much funding can be received?

Funds up to 80% of admissible expenses.

What is the deadline to apply?

The program is accepting continuous intake

Who are the financial supporters of the AgriStability?

AgriStability is funded by Agriculture and Agri-Food Canada (AAFC), Government of Canada

What are AgriStability's eligibility criterias?

Producers must enrol in the program annually. Participants must pay the required fee and submit forms by applicable deadlines.

AgriStability

grant_single|update January 24, 2025

Canada

Insurance to protect farming operations

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grant_single_labels|terms_and_conditions

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grant_single_labels|admissibility

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grant_single|deadlines

grant_single|openingDate January 1, 2023
grant_single|closingDate December 31, 2023

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Grant and Funding

grant_single|eligibleIndustries

Agriculture, forestry, fishing and hunting

grant_single|grantors

Agriculture and Agri-Food Canada (AAFC)
Government of Canada

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grant_card_status|closed

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Get financial support to help manage large income declines caused by production loss, increased costs or market conditions.

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AgriStability provides financial support to Canadian farmers experiencing substantial income losses due to various agricultural risks. Its financing modalities focus on compensating margin declines and encouraging consistent participation in risk management strategies.

Compensation rate set at 80% for losses exceeding the 30% decline threshold of historical reference margins.
Annual enrolment required with payment of a participation fee to maintain eligibility for income decline coverage.
Potential late participation allowed for exceptional circumstances, such as natural disaster-induced financial challenges.
Flexible coverage across different provinces with federal or provincial administration based on location.

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AgriStability offers financial support to Canadian agricultural producers who face significant declines in their farming income due to various challenges. The program's activities aim to mitigate risks associated with production loss, increased costs, and unfavorable market conditions.

Coverage for significant income declines due to production loss.
Financial assistance for unexpected increases in farming costs.
Support for income recovery following adverse market conditions.
Financial relief for Nova Scotia producers affected by 2023 floods and fires.

grant_single|admissibleProjectsExample

$ 40,000

Purchase of advanced pest control systems to minimize crop damage and loss

$ 100,000

Implementation of precision agriculture technologies to mitigate unpredictable market conditions

$ 50,000

Implementing advanced irrigation systems to reduce production loss due to drought

$ 150,000

Establishing on-site renewable energy sources to reduce operational costs in farming

$ 35,000

Implementing soil health management practices to curb production decline

$ 30,000

Upgrading storage facilities to prevent post-harvest losses and ensure market stability

grant_single_labels|admissibility

Eligibility for the AgriStability program involves specific criteria related to the applicant's business profile and enrollment status.

The applicant must be a Canadian producer engaged in farming activities.
The applicant's farm must experience income declines due to production loss, increased costs, or market conditions.
Producers need to enroll annually and submit the necessary forms by the applicable deadlines.
Late participation is available for Nova Scotia producers affected by the 2023 floods and fires.
The program is delivered by the federal government in Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, and Yukon, while it is provincially delivered in British Columbia, Alberta, Saskatchewan, Ontario, Quebec, and Prince Edward Island.

grant_eligibility_criteria|who_can_apply

Producers across Canada engaged in farming activities are eligible to apply for the AgriStability program. The program is designed specifically for Canadian agricultural producers to safeguard against significant income declines due to various reasons such as production losses, increased costs, and changing market conditions. However, provincial delivery specifics are noteworthy:- Federal delivery is available in Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, and Yukon.- Provincial delivery is in place for British Columbia, Alberta, Saskatchewan, Ontario, Quebec, and Prince Edward Island.

grant_eligibility_criteria|eligible_expenses

This program supports Canadian agricultural producers who face significant drops in their incomes due to various challenges. It provides financial assistance to ensure farm sustainability during tough economic circumstances.

Provision of financial protection against significant decreases in farming income due to production loss, increased costs, and adverse market conditions.
Assistance for late participation if farms have experienced financial hardships due to natural disasters like floods and fires.

grant_eligibility_criteria|zone

AgriStability is available to farms located in specific provinces and territories across Canada as per the program's delivery method. Eligibility is determined by either federal or provincial delivery based on the region.

Farms in Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, and Yukon are served by the federal government.
Producers in British Columbia, Alberta, Saskatchewan, Ontario, Quebec, and Prince Edward Island receive the program through provincial delivery.

grant_single_labels|criteria

There are evaluation and selection criteria for the AgriStability grant.

Eligibility based on farm income and production losses.
Submission of required forms and fees by specified deadlines.
Compensation rate calculation based on historical reference margins.
Participation in the program and adherence to program guidelines.

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Here is additional relevant information worth knowing for the AgriStability grant:

Each year, enrolment, fee payment, and form submission by deadlines are required for participation.
The program covers 80% of the loss for every dollar below a 30% margin threshold.
Specific delivery details and administration may vary between federal and provincial jurisdictions.
Agricultural businesses in certain regions like Nova Scotia may have additional options for late participation due to specific events like floods and fires.